Update SOLUSDT – July 17, 2025, Morning :
🔥Current Price $SOL : $172.58
Condition: Light pullback after sharp rally, price is retesting support of the uptrend line and EMA9 (orange).
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🔼 Bullish Scenario:
Validation of support at EMA9 & trendline at $172 → potential rebound
Upward target: $175.50 then $176.80
Further confirmation if breaks $176 accompanied by volume
🔽 Bearish Scenario:
If breakdown $171.50–$172 → correction to:
Minor support: $169.36
Strong support: $167.50 or EMA26 green
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✅ Conclusion:
As long as the price stays above $172 (EMA9 & trendline), the short-term bullish structure is still active. Watch out for breakdown of that level as a signal for deeper correction. #dyor